UCT has launched a "massive open online course" examining the rise of fintech companies, the technology that has enabled them and the necessary regulation in an emerging market environment.
The four-week course is offered at Coursera, an online learning platform, which has 33 million users.
The course is held by dr. Co-Pierre Georg, associate professor at the African Institute of Financial Markets and Risk Management, who stated that the course aligns with the objectives of the institute to equip people with the skills necessary to make a significant contribution to the Financial industry.
"We asked ourselves how we can make inclusive fintech, how this knowledge about a new industrial sector can work for everyone, not just for the first adopters, which is what motivated us to develop the course. an education on the subject for South Africa and the world, "he said.
The nature of a massive open online course is to make education available to a wider audience, Georg said. Participants can study in their free time without having to go to a university to attend classes or write exams
The African Institute for Financial Markets and Risk Management is a post-university educational institution and research and is part of the UCT business faculty. It focuses on quantitative finance, risk management and financial technology by offering three masters and several short online courses aimed at working professionals.
The online course is a collaborative effort between this and the UCT Center for Innovation and Teaching.
The course is titled Financial regulation in emerging markets and the rise of the fintech companies and is open to all, there are no entry requirements – just an interest in this exciting field. Financial help is available to cover the cost of the course, UCT said.
"It will benefit students, entrepreneurs, professionals in financial services or fintech industries and anyone who would like to join the pioneers and promoters of the Fintech revolution," said Georg.
The course analyzes the causes and repercussions of major financial crises such as the Great Depression of 1929 and the global crisis of 2008.
It also explains the new technologies, including blockchain, which have fueled the emergence of fintech companies all over the world.
Participants will gain insight into the new regulatory environment, globally and in emerging markets.
The new course is part of a new fintech boost to UCT, which launched the first South Africa fintech degree – a Master of Data Science with specialization in financial technology – for the first time in January 2018.
L & # 39 University continued with the launch of a short e-day fintech course at the UCT GSB (Graduate School of Business) in March 2018, focused on helping people to work in financial planning, auditing positions. , governance, risk and compliance to prepare for changes arising from new technologies  Read: UCT launches a new short course for business fintech